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Tippecanoe County, IN · Sold

IN-157768

6238 County Road 296

$675,600
$4,862/ac · 139 ac
Acreage139 ac
Price per acre$4,862/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedApr 6, 2024
Coordinates40.4226, -86.8669
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Tippecanoe County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Tippecanoe market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,815 ft of deeded road frontage.

Power230 ft away

Power at or near the road.

Buildable area130.03 of 138.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$747,268
$632,244$862,292 · $5,378/ac on 139 ac
Asking vs estimate
-9.6%
Priced below the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $675,600
Maximum allowable offer
$427,010
$3,073/ac · +30.0% target margin

You need $248,590 off asking to hit this margin.

All-in cost$463,306
Net resale$687,487
Projected profit$224,181
ROI+48.4%
Annualized+69.2%
Break-even resale$3,624/ac
Profit if resale lands off target
-20%
$86,683
-10%
$155,432
0%
$224,181
+10%
$292,929
+20%
$361,678
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-557964
Gravel · Power at road
160.2Aug 9, 2025$970,3006,0586,5615.0 mi
80
IN-528309
Gravel · Off grid
205.6May 17, 2025$905,3004,4036,0638.2 mi
71
IN-446260
Dirt · Power at road
46.6Jul 27, 2026$299,1006,4185,8078.4 mi
70
IN-116089
Dirt · Off grid
41.2Jul 27, 2026$189,7004,6064,7893.6 mi
70
IN-227064
Paved · Off grid
83.4Sep 12, 2025$483,8005,7985,2865.9 mi
69
IN-558680
Landlocked · Power at road
269.0Oct 14, 2024$710,1002,6395,0190.9 mi
69
IN-928796
Gravel · Full utilities
292.6Nov 4, 2025$1,097,7003,7513,9067.7 mi
69
Show adjustment detail for the top comp
  • Tract size (160.16 ac → 138.96 ac)+3.9%
  • Market time (12 mo)+4.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.